Why is ALEC Down Today?

ALEC
$2.04
▼ -4.91% ($-0.10)
Last updated: Sep 11, 2026 5:31 PM ET (434 min ago)

About Alector, Inc. Common Stock

Alector Inc is a clinical-stage biopharmaceutical company. It is engaged in developing a novel therapeutic approach for the treatment of neurodegeneration. The firm is involved in developing therapies that are designed to simultaneously counteract pathologies by restoring healthy immune function to ...

Sector: BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES)
Market Cap: $303.64M
Forward P/E: -1.5
52-Week Range: $1.09 - $3.40
Employees: 163

Overall Confidence: 67%

67% Confident

Based on news, social sentiment, options activity, and sector analysis

OPTIONS 75% Confidence
🎯 Unusual PUT buying detected
Options traders are heavily buying puts on ALEC, with 85% of volume in puts. This suggests bearish institutional positioning.
SYMPATHY 60% Confidence
Outperforming sector by 4.0%
This stock is significantly underperforming its BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) sector peers, suggesting a stock-specific catalyst.

✅ Move Confirmation

LOW VOLUME 0.2x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

BIOLOGICAL PRODUCTS, (NO DISGNOSTIC SUBSTANCES) sector: -0.9%

ALEC is outperforming its sector by -4.0%. This suggests a stock-specific catalyst.

Market Comparison

ALEC is significantly underperforming the market (-5.8% vs SPY)
S&P 500
SPY
+0.85%
Nasdaq 100
QQQ
+0.87%
ALEC
This Stock
-4.91%
vs S&P 500: -5.76%
vs Nasdaq: -5.78%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ALEC is expected to trade between:
$1.97 - $2.08

Key Level to Watch

$1.93 support
Watch for breakdown below $2.04

🔔 Get ALEC Alerts

We'll notify you when ALEC's trend changes or a new signal fires.

Last updated: Sep 11, 2026 5:31 PM (434 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
1.26
Put/Call Ratio
225.4%
Implied Volatility
Call Volume: 13,118
Put Volume: 16,547
Total: 29,665
Unusual Activity: $2 CALL (2,039 vol) $1.5 PUT (1,807 vol) $1.5 PUT (1,461 vol)

Historical Context

ALEC has moved more than 3.0% down on 60 occasions in the past year.

46.7%
Continuation Rate
28/60 times continued down
-0.33%
Avg Next Day Change
After similar down moves
Last similar move: Sep 10, 2026 (-5.7%) → Next day: -4.9%

Frequently Asked Questions

Why is ALEC stock down today?

Options traders are heavily buying puts on ALEC, with 85% of volume in puts. This suggests bearish institutional positioning.

Is ALEC stock a buy or sell right now?

Based on current analysis, ALEC shows 67% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ALEC stock price target?

ALEC is currently trading at $2.04. Based on today's momentum, the expected short-term range is $1.97 - $2.08. See long-term price prediction →

Will ALEC stock continue falling?

Our analysis shows a 45% probability that ALEC's move continues in the next 1-3 days. Key level to watch: $1.93 (support).

Is ALEC stock oversold or overbought?

ALEC's RSI (Relative Strength Index) is currently at 48.0. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ALEC stock?

ALEC's 10-day momentum indicator is at -0.25. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is ALEC outperforming or underperforming the market?

ALEC (-4.91%) is currently significantly underperforming the market (-5.8% vs SPY). Today, the S&P 500 (SPY) is up 0.85%, and Nasdaq (QQQ) is up 0.87%.

What does MACD indicate for ALEC?

ALEC's MACD (0.11) is currently below the signal line (0.16), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 36.0) is strong.

Is ALEC in an uptrend or downtrend?

Based on moving average analysis, ALEC is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $2.32, 50-day SMA: $1.92.

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